US

Early Saturday morning, President Joe Biden signed a bipartisan gun safety bill into law, the first major federal gun reform in three decades.   "God willing, it's going to save a lot of lives," Biden said at the White House as he signed the bill. "How many times have we...

With the overall cryptocurrency market going through a bumpy ride, Shiba Inu (CRYPTO: SHIB) has not been able to show any signs of growth over the last couple of months.  The meme coin is now at its 10-month low and showing no improvement. At the time of writing, SHIB was trading at $0....

According to a new report, a leaked Amazon.com, Inc (NASDAQ: AMZN) internal memo from mid-2021 suggests that the company may face a resource crunch and may run out of people to hire at the company's U.S.-based warehouses by 2024. The memo estimated that Amazon would exhaust its labor...

According to the latest AAA report, the average retail price for regular gasoline has hit $5 per gallon on Saturday for the first time.  Reports suggest that by the end of the week, prices reached $5 or more in nearly 20 states, with the highest prices on the West Coast. In California,...

Recession fears have been growing in the U.S. as the Federal Reserve has tightened its monetary policy.  Tesla Inc (NASDAQ: TSLA) CEO Elon Musk says the U.S. economy is already in a recession, and it could be "tough going" for 12 to 18 months.   In a recent Twitter post, a user...

Amazon.com, Inc (NASDAQ: AMZN) Executive Chairman Jeff Bezos on Friday attacked President Joe Biden for his recent tweet on inflation and corporate taxation.  On Friday, Biden tweeted about curtailing inflation by taxing large corporations in the U.S. You want to bring down inflation? Let...

After a brief recovery, the crypto market was back in the red. The largest cryptocurrency by market, Bitcoin (CRYPTO: BTC), dropped below $36,000 on Friday, following a sell-off in U.S. equities.  Reports suggested the plunge came as traders priced in higher interest rates to curb...

President Joe Biden has announced that he is going to nominate Michael Barr to be vice chair for supervision of the Federal Reserve after Sarah Bloom Raskin withdrew her nomination in March. "Michael brings the expertise and experience necessary for this important position at a critical time...

President Joe Biden is urging democracies around the world to unify and commit to a long fight against authoritarian aggression. What Happened: In his speech on Saturday, during the last leg of the trip to Poland, Biden said that Russian President Vladimir Putin should no longer...

A recent analysis by Bloomberg's Mike McGlone says Bitcoin (CRYPTO: BTC) is going to dominate the crypto market in 2022, despite the recent plunge.  The report says Bitcoin is expected to surge and move towards the $100,000 mark this year, while Ethereum (CRYPTO: ETH) will...

According to a new study, Apple Inc's (NASDAQ: AAPL) iPhone is the most popular smartphone among young people in the U.S.   The study reveals 87% of teenagers own an Apple smartphone and that they want to stay with Apple.  88% of teenagers expect an iPhone to be their...

According to a Bloomberg report, Bitcoin (CRYPTO: BTC) holder and U.S. Senator Cynthia Lummis is planning to introduce a comprehensive crypto bill in 2022.  If passed by Congress and signed into law, the legislation would create a new regulatory body, overseen by the...

According to a recent survey from venture capital giant Andreessen Horowitz, the majority of U.S. crypto investors who are registered voters support Democrats. Among the group of crypto owners, 61% said they voted for President Joe Biden, the Democratic candidate in the 2020 election.  Only...

South Korean electronics giant Samsung Ltd will announce the location of its planned $17 billion U.S. chip factory this week.  According to a Bloomberg report, Samsung's leader Lee Jae-Yong has met with U.S. government officials and lawmakers to discuss the second chip plant...

On Friday, the House of Representatives passed a $1.2 trillion infrastructure bill in a 228-206 vote, sending the legislation to President Joe Biden for his signature. The bipartisan infrastructure bill contains a cryptocurrency tax reporting requirement. The Infrastructure Investment and Jobs Act...